Our Approach To Sustainability

We focus on three areas to drive sustainability in the Philippines and throughout our business. Our triple bottom line: people, planet, and profit.

For people, we provide employment and career growth to our team members. We also enter into partnerships with communities to implement projects that will help them be more sustainable. Lastly, we aim to provide a sustainable customer experience.

For planet, we aim to minimize environmental impact when conducting our business. We achieve this by reducing carbon emissions, managing resources efficiently, managing waste, and using renewable energy.

For profit, we are always on the lookout for opportunities to expand our business and manage our operations through prudent use of resources.

Sustainability In Different Industries

From its humble beginnings as an abaca trading and general merchandise business in Leyte, to growing and diversifying into various companies in key industries, Aboitiz & Company (ACO) has built a respective business with a foundation built on trust, fairness, integrity, and quality.

Today, the Aboitiz Group [under listed firm Aboitiz Equity Ventures (AEV)] is recognized as one of the best-managed organizations in the country, made possible by our team members’ commitment to good corporate governance and corporate social responsibility. Guided by the Aboitiz core values of integrity, innovation, teamwork, and responsibility, we are moving forward to become a truly sustainable enterprise in the country. Our impact can be felt in the industries where we operate.

Power

Economies all around the globe have suffered from the COVID-19 health crisis. This event has brought organizational challenges to numerous companies worldwide. Despite its impact on the business, AboitizPower continues to ensure that its host communities come first.

To help mitigate the impact of COVID-19, AboitizPower’s generation facilities made remittances to local government units (LGUs) in response to the Department of Energy’s (DOE) ER1-94 program that entitles host communities to Php1.01 for every kilowatt-hour sold. AboitizPower and DOE have remitted Php671 million to 130 host communities across the country, helping manage the COVID-19 response in these areas.

AboitizPower also maintained its commitment to sustainability in the Philippines by being recognized as a constituent company in the FTSE4Good Index Series for three years, and ranking 47th in the Corporate Sustainability Assessment.

Banking and Financial Services

When it comes to banking and financial services, the Aboitiz brand of sustainability in the Philippines resulted from UnionBank’s transition from the “brick-and-mortar” model to the “tech-firm-with-banking capabilities” model.

The bank redefined sustainability by setting a more sustainable finance framework to facilitate the issuance of green, social, and even tech bonds. It ensures that financial capital is put into customers and organizations that aim to improve the quality of life and the planet we live on.

UnionBank’s sustainable financing program allows its team to co-design solutions and technology with its clients and partners. The program also contributes to the Aboitiz sustainability targets — such as socioeconomic advancement and empowerment, employment generation, access to essential services, renewable energy, energy efficiency, and pollution prevention technology.

Food

The Aboitiz Food Group’s robust and values-driven team made sure that the company would be on track with its goals and objectives even during the challenging year of 2020. In line with its commitment to sustainability in the Philippines, the company was able to ensure an uninterrupted supply of food products to Filipinos and other ASEAN markets.

By remaining steadfast to its values, the company also provided solutions for the growing needs of its customers while working to help ensure food security and end hunger in the country. The Food Group leveraged its existing production and distribution networks, and expanded into additional food products, diversifying into aquaculture and pet food.

The Group also focused on strengthening customer relationships through digitalization, continuing consultations, and customer visits with partners online. It shifted to e-commerce to bring its dog food brand and farm products directly to homes.

Infrastructure

The Aboitiz Group supports the government in nation-building by advocating and investing in sustainable infrastructure projects to promote sustainability in the Philippines. This puts emphasis on our view that sustainability is crucial as the economy needs help rebuilding from the effects of COVID-19.

Due to the lockdown, construction activities for the Davao City Bulk Water Supply Project were temporarily suspended. When construction resumed, we ensured that workers’ health and well-being were prioritized amid the pandemic.

Other than that, Republic Cement has overcome the COVID-19 crisis by putting procedures in place to stop the spread of the disease in the workplace. Because of this, the company has completed and commissioned new mills and added 2 million tons to its capacity. Waste management challenges were also overcome by launching a resource recovery group.

Land

AboitizLand promotes sustainability in the Philippines by building townships anchored to industrial zones to boost economic growth and employment for people in the area.

In 2020, the pandemic’s impact prompted the company to quickly pivot to digitalization, introducing contactless homebuying service, taking sales and marketing operations online, and offering digital-based homebuying. Digitalization has helped AboitizLand sustain its sales. The company has proven that being agile and innovative is key to survival and sustaining success.

AboitizLand also shifted homebuyers’ preferences to move away from the central business districts to emerging growth centers in Cebu, Batangas, and Central Luzon.

Construction

Aboitiz Construction practices sustainability in the Philippines by building better futures and thriving communities.

One example of this commitment is supporting a plastic solutions hackathon — Plastic 3R Hacks Philippines. The 2021 event was held to find solutions to address the plastic waste problem. The company hopes to adopt some ideas from the event in an effort to contribute to sustainability.

Aboitiz Construction has also made a notable contribution to sustainable mining by completing CD Processing (CDP) Ltd.’s copper ore sorting and processing plant in Toledo City, Cebu. This facility will be used to manage mining wastes properly and efficiently.

Learn More About Sustainability In The Philippines With Aboitiz Sustainability!

Our approach to sustainability is threefold — people, planet, and profit. Through this strategy, we can make an impact in various industries. If you are interested in learning more about sustainability in the Philippines, you can explore our website or contact us here.